Radian Group (RDN) Set to Announce Earnings on Wednesday
Radian Group (NYSE:RDN) is set to release its earnings data before the market opens on Wednesday, January 24th. Analysts expect Radian Group to post earnings of $0.45 per share for the quarter.
Radian Group (NYSE:RDN) last announced its quarterly earnings results on Thursday, October 26th. The insurance provider reported $0.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.42 by $0.04. The company had revenue of $312.05 million for the quarter, compared to the consensus estimate of $321.10 million. Radian Group had a net margin of 14.88% and a return on equity of 12.99%. Radian Group’s revenue for the quarter was down 2.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.41 EPS. On average, analysts expect Radian Group to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Shares of Radian Group (NYSE:RDN) opened at $22.13 on Wednesday. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 0.34. The stock has a market cap of $4,770.00, a price-to-earnings ratio of 28.01, a price-to-earnings-growth ratio of 1.92 and a beta of 1.57. Radian Group has a fifty-two week low of $15.58 and a fifty-two week high of $22.82.
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About Radian Group
Radian Group Inc is an insurance holding company that provides mortgage insurance, and products and services to the real estate and mortgage finance industries. The Company operates in two segments: Mortgage Insurance and Services. The Mortgage Insurance segment provides credit-related insurance coverage, principally through private mortgage insurance to mortgage lending institutions.
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